“When a diverse coalition, including big banks and a civil rights group, this summer called for speedier deployment of cash-flow data to widen Americans’ access to credit, it was a little-known startup research organization that brought them together.”
“Through Alternative lenders like LendingClub, Kabbage, and Upstart, and auto lenders like Ford Motor Credit use artificial intelligence every day in loan decisions…”
“Every entrepreneur deserves a chance — and access to resources — but that’s not exactly how it works without some smart strategizing.”
FinRegLab in the News
Can Freddie Mac’s embrace of AI pull the industry along?
www.americanbanker.com
“Freddie Mac’s foray into artificial intelligence may be a significant turning point in broadening the use of the technology
“Melissa Koide, co-founder and CEO of FinRegLab, analyzed loan data from six lenders that use cash-flow data in their underwriting. She share what she found.
FinRegLab in the News
Podcast Cash-flow data shows promise as predictor of credit risk
www.americanbanker.com
“Melissa Koide, co-founder and CEO of FinRegLab, analyzed loan data from six lenders that use cash-flow data in their underwriting.”
“A Growing number of fintechs are becoming increasingly reliant on using alternative data like cash-flow analysis as a key underwriting tool.
“The CEO and founder of FinRegLab discusses their research project on the use of cash flow data in underwriting.”
FinRegLab in the News
Creditworthiness Can Be Predicted by Cash-Flow Data, New Study Shows
www.paymentsjournal.com
“Increasingly, we see utilization of non-traditional means of assesssing credit worthiness, which is generally concentrated in the non-bank lending space.
FinRegLab in the News
Case-Flow data can predict creditworthiness, new study shows
www.americanbanker.com
“FinRegLab, a nonprofit that tests new technologies to foster an “inclusive financial marketplace” analyzed the data of six nonbank lender that use cash-flow data in their underwriting: Accion, Brigit, Kabbage, LendUp, Oportun, and Petal